Needham disclosed Hewlett Packard Enterprise (NYSE:HPE), hiking its price target to $26.00 earlier today
- Updated: October 19, 2016
Stating a possible upside of 0.21%, Needham raised the target price of Hewlett Packard Enterprise (NYSE:HPE) to $26.00
Previously on 10/14/2016, CLSA released a statement about Hewlett Packard Enterprise (NYSE:HPE) increased the target price from $0.00 to $24.00. At the time, this indicated a possible upside of 0.10%.
Just yesterday Hewlett Packard Enterprise (NYSE:HPE) traded 0.94% higher at $21.47. Hewlett Packard Enterprise’s 50-day moving average is $22.18 and its 200-day moving average is $19.62. The last stock price is up 9.42% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 11,685,976 shares of HPE traded hands, up from an average trading volume of 10,225,500
With a total market value of $0, Hewlett Packard Enterprise has price-earnings ratio of 8.96 with a one year low of $11.62 and a one year high of $23.53 .
A total of 23 analysts have released a report on Hewlett Packard Enterprise. zero analysts rating the company a strong buy, zero analysts rating the company a buy, zero analysts rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $20.11.
More About Hewlett Packard Enterprise (NYSE:HPE)
Hewlett Packard Enterprise Company is a provider of technology solutions. The Company operates through five segments: Enterprise Group, Software, Enterprise Services, Financial Services and Corporate Investments. The Enterprise Group segment provides its customers with the technology infrastructure they need to optimize traditional information technology (IT). The Software segment allows its customers to automate IT operations to simplify, accelerate and secure business processes and drives the analytics that turn raw data into actionable knowledge. The Enterprise Services segment brings all of its solutions together through its consulting and support professionals. The Financial Services segment enables flexible IT consumption models, financial architectures and customized investment solutions for its customers. The Corporate Investments segment includes Hewlett Packard Labs and certain business incubation projects, among others.
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